why SPY only go one direction?

Discussion in 'ETFs' started by zghorner, Feb 8, 2021.

  1. zghorner

    zghorner

    [​IMG]

    EDIT: Market will crash as soon as I get stopped out @ $390
     
    Last edited: Feb 8, 2021
    ffs1001, Grantx, Craig66 and 2 others like this.
  2. Millionaire

    Millionaire

    money printing and inflation
     
    Dicer and zghorner like this.
  3. Fonz

    Fonz

    Money flow
     
    zghorner likes this.
  4. S2007S

    S2007S

    Fed printing trillions and backstopping every inkling of a negative s$p tick.

    They want 4000 on s$p.

    However Eventually everything will come falling down. The euphoria is just way overload now. I hope no one gets frightened by a 3% drop.
     
    zghorner and stochastix like this.
  5. when the bubble pops its possible the spot vol correlation will move from -75% to -100%
     
  6. Millionaire

    Millionaire

    Yeah but it might not be in our life times
     
    chillibean and zghorner like this.
  7. zghorner

    zghorner

    yea i almost went broke last spring betting on the crash to come (cleaned up at first but the V recovery raped me). It was very poor trading on my part I admit that...I ignored my own rules and was listening to my head (what should happen) rather than the charts telling me what was happening. The market recovered so rapidly back to ATH I just don't see it really crashing to epic proportions as long as QE is a thing.
     
    qwerty11 and Grantx like this.
  8. guru

    guru


    How can it come down when soon a loaf of bread may cost $20?
     
    Last edited: Feb 8, 2021
  9. S2007S

    S2007S


    Let's not go to inflationary on bread prices. Let's just say $12.
     
  10. i predict a market top forming and a dot-com style correction. thoughts?
     
    #10     Feb 8, 2021